Telecom revenues likely to take a hit as pandemic drives business closures [Toronto Globe and Mail (Ontario, Canada)]
BCE, Inc. (BCE)
Last bce, inc. earnings: 2/6 07:00 am
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Source: Toronto Globe and Mail
Telecom revenues likely to take a hit as pandemic drives business closures BCE Inc.'s Bell Canada says voice traffic on its network has surged 200 per cent while internet traffic has risen by 60 per cent in the daytime and 20 per cent at night. Paul Chiasson/The Canadian Press BCE Inc.'s Bell Canada says voice traffic on its network has surged 200 per cent while internet traffic has risen by 60 per cent in the daytime and 20 per cent at night. Canada’s telecommunications companies will likely take a hit to their revenues as the economic effects of the coronavirus pandemic drives a wave of business closings and bankruptcies. Desjardins analyst Maher Yaghi predicts telecom companies will see revenue from phone and internet lines decline by 40 per cent in the first five months as businesses that didn’t survive the economic rout disconnect those services. That will be followed by a 20-per-cent reduction in the next five months, Mr. Yaghi said in a note to clients. Meanwhile immigration
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BCE
Earnings
- 11/6/25 - Beat
BCE
Sec Filings
- 11/18/25 - Form 6-K
- 11/12/25 - Form 6-K
- 11/6/25 - Form 6-K
- BCE's page on the SEC website